Business

The Economy

Fewer chief executives expect to see business conditions improve than a year ago, though there are more forecasting a ...

Business chiefs more cautious in 2017

Fresh from a year that delivered major political shocks and proved tougher than expected, Australian business leaders are taking a cautious approach to 2017.

President-elect Donald Trump speaks during a news conference in the lobby of Trump Tower in New York Wednesday, Jan. 11, ...

Why most economists are so worried about Trump

It's the double whammy that worries economists, that Trump's populist pose assigns less value to economic expertise, while also creating the conditions under which it's most likely to be needed.

'Tepid': The retail market was predicting a 0.4% jump.

Retail sales stumble in November

Economists are hopeful that a reasonable Christmas shopping period will make for a constructive quarter of consumer spending and help stave off fears of a recession, despite "tepid" retail sales growth in November.

Smoke billows from a large steel plant in Inner Mongolia, China.

China's bubble squeezing taking its toll

China's manufacturing sector expanded for a fifth month in December, but growth slowed a touch more than expected in a sign that government measures to rein in soaring asset prices are starting to have a knock-on effect on the broader economy.

Gifts put us into a relationship with someone. They're like a maintenance fee for your relationship.

Why we keep buying presents no one needs

Spend much time with economists around this time of year, and you will hear about the dreadful inefficiency of exchanging gifts. But there's a higher logic to the gift economy.

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